Anambra State Government has signed an agreement with the GLOBIM Corporation for the construction of Onitsha Metropolitan Monorail.
The ceremony took place in the Governor’s conference room, Government House Awka. The project which will be executed under Public, Private Partnership arrangement will cover Onitsha and extend to Nkpor and Obosi.
Governor Peter Obi signed for the State government while the Chairman of Globim, Dr. Jude Igwemezie signed for the corporation.
Speaking at the occasion, Governor Obi noted that high volume commercial and other socio-economic activities in Onitsha and environs required a structural transport system that would provide alternative and reduce the over dependence on road transportation. He said this would, among other things, solve the problem of traffic congestion and enhance movement of people in the area.
The Commissioner for Special duties and Transport, Mr. Robort okonkwo said the feasible study conducted confirmed that the project was feasible and viable.
The Chairman of the corporation, Dr. Igwemezie said they were encouraged to embark on the project because of the conducive business environment across the State, assuring that they would execute a model project that would remain a reference point in this part of the world and would cover all the specified areas.
It will be recalled that the State Government in November 2010 signed a Memorandum of Understanding with the company to conduct a feasibility study on the project.
Disclaimer
Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.